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Articles about Sec

Marc Benioff

Salesforce fires tractor beam at RelateIQ, hauls upstart into mothership

Salesforce has announced plans to acquire younger rival RelateIQ, a move that will shore up its core customer relationship management business with some advanced technology. The software-as-a-service giant said in an SEC filing published on Friday that it had agreed to pay $390m to purchase CRM startup RelateIQ for $350m in …
Jack Clark, 11 Jul 2014

Software biz founders cough up $5.8m after insider trading brouhaha

Three software company founders must cough up $5.8m to settle insider-trading charges brought by the US Securities and Exchange Commission (SEC). The watchdog claimed Lawson Software’s co-chairman Herbert Lawson took advantage of inaccurate media speculation and analyst reports about merger discussions with Infor Global …
Toshiba OCZ Z-Drive 4500

Toshiba baby OCZ flings open coat, bares PCIe flasher to world

New Toshiba subsidiary OCZ has a new PCIe flash card, the Z-Drive 4500, complete with solid enterprise credentials - and none of the Ryan Petersen era hype. That era produced the Z-Drive R5 with a notional 3 million IOPS and 12TB of capacity. That product has disappeared from the OCZ roster and we now have the new Z-Drive 4500 …
Chris Mellor, 11 Mar 2014
Vould you like a schmoke and a pancake?

Been hacked? Don't dial 999: The plods are too dense, sniffs sec bigwig

Police are powerless to stop super-smart criminals from hacking the world's biggest companies, a top-ranking security bod has warned. Juniper Networks' security chief said there was simply no longer any point in calling the police when hackers and DDoSers came to call, because the cops can't do anything. He wants to see a world …
Jasper Hamill, 29 Jul 2013

Unify to axe 3,800 employees, blames the cloud

Unify, the company formerly known as Siemens Enterprise Communications (SEC), is to ditch half its workforce as it pursues a future based on flogging services and software. The joint venture between Siemens (49 per cent stake) and Gores Group sprang to life as SEC in 2008, but was rebranded last November, and now plans to edge …
Paul Kunert, 04 Jun 2014
VMware logo

Could Joe Tucci's parting shot at EMC be to SELL OFF VMware?

A sharp-eyed industry analyst has spotted that cloudy virtualisation biz VMware's SEC filings mention the words “spin-off”. What's going on here? Aaron Rakers, the MD of analyst house Stifel Nicolaus, picked up the following sentence in VMware’s November 2013 SEC Form 10-Q filing: …that for as long as EMC or its successor-in- …
Chris Mellor, 13 Jan 2014
LSI WarpDrive SSD

LSI’s less-explosive Nytro: Smaller bangs for hyperscale DCs

LSI has produced a cost- and power draw-reduced server flash card product line for hyperscale data centres. The XP6200 line features two products: the XP6209 at 1TB (930GB usable) and XP6210 at 2TB (1.86TB usable), both using MLC flash instead of the costlier enterprise-class eMLC NAND. Both are 8-lane PCIe v2.0 cards, the 6209 …
Chris Mellor, 26 Nov 2013

May: UK data slurp law is fine, but I still need EMERGENCY powers

Home Secretary Theresa May was in combative mode during a hearing with politicians on Monday afternoon as the government's rushed through data retention and investigation powers bill (Drip) was briefly scrutinised. May, pressed by Liberal Democrat MP Julian Huppert as to why the Tory-led coalition had insisted late last week …
Kelly Fiveash, 14 Jul 2014
Facebook down

Joe Average isn't worth $10 a year to Mark Zuckerberg

You're not worth $US10 a year to Mark Zuckerberg. That's one of the many factoids revealed in The Social NetworkTM's new Form 10-Q (PDF) filed last Friday. One item of interest is that the US Securities and Exchange Commission (SEC) has decided not to investigate Facebook's 2012 float. The Social Network's big day was spoiled …
Simon Sharwood, 28 Jul 2014

IBM's SPSS buyout: FBI cuffs two on insider trading charges

Two stockbrokers have been arrested and charged with insider trading related to IBM’s £1.2bn acquisition of software firm SPSS in 2009, after three others pleaded guilty. Daryl Payton Jr and Benjamin Durant III have both claimed innocence in the face of charges of conspiracy and securities fraud after being arrested by the FBI …

EE still has fastest, fattest 4G pipe in London's M25 ring

RootMetrics has compiled a map of 4G deployments in London which includes a whopping 11,000 crowd-sourced data points and concludes that within the M25*, EE still has the fastest, and broadest, network in town. That shouldn't be very surprising as EE started a year earlier than its competitors, utilising the excess of radio …
Bill Ray, 23 Sep 2013
channel

SEC probes whether Hurd leaked EDS buy info

The SEC has gotten on Mark Hurd's case, with an investigation that will look into whether the former HP boss passed on information about the acquisition of EDS to his nemesis, Jodie Fisher. The Wall Street Journal cites its favourite source – people familiar with the matter – to report that the inside information issue is part …
Joe Fay, 21 Dec 2010
channel

SEC charges two with insider trading in Oracle-Sun deal

The US Securities and Exchange Commission has charged two people for running an alleged insider trading scam involving such marquee mergers and acquisitions as Oracle's Sun purchase, Intel's McAfee buy, and HP's acquisition of 3Com. According to the complaint filed on Wednesday by the SEC, the miscreants include a corporate …

Toshiba new HG6 range REVEALS slimmest SSD module you can buy

Toshiba has refreshed its HG5d 2.5-inch SSD with the sixth generation HG6 range, expanding its form factors to include the thinnest SSD module available – at just 2.3mm. Toshiba next-generation high-performance client solid state HG6 series in multiple form factors... The HG6 range, which has received THNSN and THNSF product …
Chris Mellor, 25 Feb 2014
Toshiba NAND wafer

REVEALED: Fusion-io shopped itself to 11 firms... 10 declined

Fusion-io shopped itself to 11 companies and only got one offer. A Schedule 14D-9 SEC filing about the $1.1bn SanDisk acquisition of Fusion-io reveals that: SanDisk and Fusion-io first discussed a possible commercial arrangement in Summer 2013. Fusion-io talked to other potential partners as well. SanDisk expressed acquisition …
Chris Mellor, 26 Jun 2014
Cisco CEO John Chambers speaking at Cisco Live! 2014

John Chambers sold millions of shares on first day of Cisco Live!

Paperwork filed with the Securities and Exchange Commission show that as Cisco's CEO was wandering around the Moscone Center keynote room delivering his annual address to the Cisco Live! Conference, his brokers were selling shares in the company hand over fist. According to the latest SEC Form 4 filing, Chambers sold 2,050,000 …
Iain Thomson, 24 May 2014
Toshiba PX03SN SSD

Toshiba tweaks SSD model: She's flashy, but she's not dense ENOUGH

Toshiba has rebuilt a 1.6TB SSD originally made with 24nm flash cells and used denser 19nm flash, generating better read performance at the expense of write speed – it wasn't quite made of the write stuff, so to speak. The PX02SM is - was - a 200GB - 1.6TB SSD for enterprise read-intensive applications made from the aforesaid …
Chris Mellor, 03 Dec 2013
Bitdefender security image

Flaws found in Bitdefender enterprise endpoint manager

Holes have been reported in Bitdefender's Gravity end-point protection platform that allow hackers to target corporate infrastructure. Researcher Stefan Viehbock of SEC Consult Vulnerability Lab said the flaw affecting the latest version provided an entry point for attackers to move laterally through the network. "Attackers are …
Darren Pauli, 17 Jul 2014
Xyratex ClusterStor 9000

Speedy brother joins Xyratex ClusterStor: And 9000 makes four

Xyratex has added a fourth, high-end storage array to its ClusterStor line, the 9000, which is half as fast again as the previous top array, the 6000. These ClusterStor 1500, 3000, 6000 and 9000 arrays provide a Lustre parallel file system store, Xyratex having bought the Lustre IP from Oracle in February. For reference DDN's …
Chris Mellor, 22 Nov 2013

Industry group blames 'outdated' kit for stock-market tech disasters

A US trade association for the stock market industry has called for an overhaul of the "outdated" technology systems that exchanges used for their share trading. The Securities Industry and Financial Markets Association (SIFMA) also told the Securities and Exchange Commission (SEC) that it was imperative that brokers, dealers …

Tech Data to close lid on accounting nightmare TOMORROW

Tech Data is about to wake up from the restatement nightmare that has troubled senior execs for nearly 11 months when it reports delayed fiscal '13 numbers tomorrow. The world's second largest tech wholesaler revealed in March that it discovered errors in vendor accounting which could wipe up to $33m off its bottom line for …
Paul Kunert, 04 Feb 2014
Microsoft campus

Ex-Microsofties face 20 years in slammer over insider trading

A former Microsoft senior manager is facing up to 20 years in jail and millions in fines and compensation over allegations he shared confidential information about the firm with his friend and business partner. The Securities and Exchange Commission (SEC) filed a complaint alleging Brian Jorgenson had handed off insider …

US stock markets unveil new IPOcalypse-BUSTERS to watchdogs

US stock exchanges have said that they’ve figured out how to help stop technical trading glitches, following orders from regulators to come up with new rules after trading on the NASDAQ ground to a halt for three hours in August. Market operators including NYSE Euronext and NASDAQ OMX said they had agreed on certain proposals …

Super-snoop bid: UK government hits panic button on EU data retention ruling

Home Secretary Theresa May has claimed "there is no surveillance state" in Britain today as she once again called for a change in law to prevent the internet becoming "an ungoverned, ungovernable space". The Snoopers' Charter champion, speaking to dignitaries at Mansion House in London last night, did not once mention the …
Kelly Fiveash, 25 Jun 2014

AT&T takes on Google fiber, fixin' to give Texans GIGABIT GUNS

America's dominant telco will take on Google in fitting 1Gb/sec broadband in Austin, Texas, engaging in a numbers battle which will delight a few while doing nothing for the majority. The "GigaPower" service will only stretch to around one per cent of Austin homes, but enables AT&T to match Google's boast of 1Gb/sec broadband …
Bill Ray, 01 Oct 2013
Virident FlashMAX II Capacity

Virident bulks up FlashMAX, but it still can't sprint

Virident has added muscle to its FlashMAX server flash card by more than doubling its capacity – but it isn't as quick as their marketing bumf wants you to believe. Its FlashMAX II capacity model stores up to 4.8TB in a low profile (half height, half length) PCIe form factor. Virident says it's optimised for hyperscale computing …
Chris Mellor, 25 Sep 2013
The Register breaking news

Final decision by Home Sec on McKinnon extradition due today

The Home Secretary is expected to announce whether or not the government will block Gary McKinnon's US extradition in Parliament today. Theresa May is due to deliver a decision on whether the Scottish sysadmin's medical problems as an Asperger's Syndrome sufferer are sufficiently severe to block extradition. A possible appeal …
John Leyden, 16 Oct 2012
Job cuts jpeg

Chips are down at Broadcom: Thousands of workers laid off

Broadcom is exiting the cellular baseband business, a decision that's has bitten hard, with the company announcing layoffs of around 2,500 employees – around 20 per cent of its total workforce – worldwide. Its latest SEC filing shows the company turned in a loss of $US1 million for the quarter, a collapse from the previous …
Microsoft Surface bomb

Microsoft confirms secret Surface will never see the light of day

Speculation that Microsoft contemplated a “mini” version of its Surface fondleslabs, but decided not to let it see the light of day, has been confirmed in Redmond's 8-K form lodged with the US Securities and Exchange Commission (SEC). The filing includes a section on “Computing and Gaming Hardware” that says “Current year cost …
Simon Sharwood, 24 Jul 2014
GoDaddy

GoDaddy to try to GoPublic – again – with $100 million IPO

US-based internet domain registrar GoDaddy is planning to file an initial public offering (IPO) through which it hopes to raise as much as $100m. The company on Monday filed documents with the US Securities and Exchange Commission (SEC) indicating that it plans to open its shares to the public later this year. Morgan Stanley, JP …
Shaun Nichols, 10 Jun 2014
Enterprise Turbo SSHD

Seagate's LaCie touts a 25TB (not a typo) box o' disks for your DESK

Seagate subsidiary LaCie has launched a set of external storage boxes using a 5TB Seagate hard drive – even though disk maker Seagate hasn’t officially launched a 5TB part. So far only Toshiba has officially announced a 5TB drive and that was only a few days ago. Tosh’s 5TB disk is for internal use rather than external drive …
Chris Mellor, 20 Feb 2014

Samsung uncloaks 'industry's first' one-terabyte mSATA SSD

Samsung has revealed what it dubs the "industry's first" one-terabyte solid-state drive in the compact mSATA form factor. From what we know of the SSD landscape, their claim is an honest one – by over a factor of two, seeing as how 480GB mSATA SSDs from Crucial and a few others are the most capacious such drives available in the …
Rik Myslewski, 10 Dec 2013
Suitcase bulging with cash

Juniper under bribery investigation by US regulators

Packet-pusher Juniper Networks is under investigation by the Department of Justice and the Securities and Exchange Commission, it has emerged. The regulators are pursuing the company over "possible violations" of the anti-bribery US Foreign Corrupt Practices Act, the company revealed in its 10-Q filing with the SEC on Thursday …
Jack Clark, 09 Aug 2013
The Register breaking news

Home Sec to decide Gary McKinnon's fate by 16 October

A timetable has finally been set for the next phase of NASA hacker Gary McKinnon's long-running fight against extradition to the US. The UK government's Home Secretary Theresa May will decide by 16 October on whether McKinnon's diagnosis as an Asperger's Syndrome sufferer is sufficient to block his extradition, according to his …
John Leyden, 06 Sep 2012

HP: AUTONOMY 'misrepresented' its value by $5 BILLION, calls in SEC

Hewlett-Packard dropped a bomb this morning in reporting its financial results for its fiscal 2012 year, stating that the British software company Autonomy, which it acquired a little more than a year ago, "outright misrepresented" its own value - leading to a colossal $8.8bn writedown for HP today. In a conference call ahead of …
Kaminario SPC-2 result

Kaminario in amazeballs all-flash K2 streaming-storage benchmark brag

Kaminario has taken the SPC-2 streaming storage benchmark, shook it hard, wrung it out, and left everyone else for dust with its K2 all-flash array, with a result nearly twice as fast as the previously top-ranked Oracle ZFS array. The SPC-2 benchmark tests a storage array's streaming IO performance whereas the companion SPC-1 …
Chris Mellor, 21 Nov 2013
PSS PCIe card

IBM chip boffins mix phase-change-flash cocktail: Voila! SUPER fast memory card

IBM has gone and surprised us all with a pretty good Phase Change Memory product research and demo effort: a hybrid PCM/NAND server flash card that has at least 12 times lower latency than an enterprise PCIe flash card. The hybrid card, Big Blue claims, completed 99.9 per cent of 32-sector write requests each within 240 …
Chris Mellor, 08 May 2014
channel

Oracle's Africa dealings under FBI, SEC, DoJ investigation

Oracle is reported to be under investigation by the US authorities for breaking federal anti-bribery laws in Africa. The FBI field office in Washington, fraud prosecutors in the Justice Department's criminal division, and attorneys for the Securities and Exchange Commission (SEC) are reported to be looking into sales of Oracle …
Gavin Clarke, 31 Aug 2011
Candy Crush Saga

Candy Crush King sees IPO go sour as stock price heads south

Mobile games firm King Digital failed to take the stock market by storm Wednesday as the firm's initial public offering (IPO) saw its stock price decline by more than 15 per cent at close of trading. The company made famous for its Candy Crush mobile game had been seeking a valuation of roughly $7bn wen it offered its shares on …
Shaun Nichols, 27 Mar 2014
using mobile when, er, upwardly mobile

Ofcom says yes to sat broadband on PLANES (and trains and ships)

A generous allocation of 4,128 MHz worth of spectrum running from 27.5GHz to 30GHz (albeit not contiguous) will give data speeds of 50Mbit/sec to a single plane or ship and an estimated 10Mbit/sec per user thanks to a new frequency allocation from Ofcom. The ruling allows "Earth station antennas" on moving vehicles which will …
Simon Rockman, 22 Jan 2014
The Register breaking news

Fugitive tech CEO settles backdating case with SEC for $53m

A former tech firm CEO has finally settled a stock backdating case with the Feds, almost five years after skipping the US and heading to the South West African bolthole of Namibia. Jacob "Kobi" Alexander, co-founder and former chairman and CEO of Comverse, will pay the SEC $47.6m in disgorgement and prejudgment interest and a $ …
Joe Fay, 24 Nov 2010
LSI SandForce SF3700

What took you 2 years? LSI finally rolls out next-gen SandForce kit

LSI has finally brought the drawn-out development process for the next generation SandForce controller to a close. It now has third-generation controllers supporting four times bigger flash drives and both PCIe and SATA interfaces from a single ASIC. Bye-bye SAS. LSI bought SandForce for its controllers two years ago. These …
Chris Mellor, 19 Nov 2013
The Register breaking news

Dell removes $100m from profits over SEC probe

Dell has removed $100 million from its first-quarter profits, setting the cash aside for a potential settlement with the US Securities and Exchange Commission, which is investigating the PC giant's accounting and financial-reporting practices and its relationship with Intel. In a statement released Thursday, the company also …
Cade Metz, 11 Jun 2010
Windows NT blue screen of death

Microsoft 'cooperates' with wide US cash-for-contracts bribery probe

Microsoft says it will cooperate with US investigators probing alleged bribery of foreign officials. It's claimed Redmond's resellers bunged cash to apparatchiks in Russia and Pakistan in return for contracts with state-backed businesses. The software giant's deputy general counsel John Frank blogged here that his company takes …
Gavin Clarke, 22 Aug 2013

Hate keeping your systems updated and secure? So does Uncle Sam

A Senate report has cast doubt on the ability of many of the US's largest government agencies to properly secure and maintain their systems. The report, authored by Senator Tom Coburn (R-OK) and his fellow Republican members of the Senate Homeland Security and Governmental Affairs Committee, detailed incidents in government …
Shaun Nichols, 06 Feb 2014

HP in 'serious' settlement talks over Autonomy legal bust-up

Hewlett-Packard seems poised to settle a lawsuit with shareholders over its $10.7bn purchase of Mike Lynch’s software company, Autonomy. The computer company said in a statement that it is in “serious discussions” to settle the suit, brought in November 2012 by angry shareholders. “No final deal has been reached yet,” HP said …
Gavin Clarke, 30 Jun 2014

Vodafone turns to EU, asks it to FORCE 'fair' fibre pricing

Vodafone needs to get high-speed handsets into the hands of consumers to effectively compete in the market. But the company also needs to worry about how to handle all that data – and it's hoping the European Commission will help it get its hands on some cheaper fibre. It is hoping the EU will introduce mandatory price …
Simon Rockman, 27 May 2014
Samsung's mass-produced 3D vertical NAND (V-NAND) chip, in package

Samsung's amazeballs 3D V-NAND SSD not THAT much better than predecessor

El Reg asked Samsung how the 3D V-NAND SSD's speed compared with the same company's SM843T 960GB SSD, a high-performance SSD used in data centres and servers released just a few months ago. The reply may surprise some hardened storage veterans. 3D V-NAND, announced on 7 August, stacks layers of NAND vertically to increase the …
Chris Mellor, 22 Aug 2013
The Register breaking news

SEC doesn't do a Moody

The Securities and Exchange Commission is dropping an investigation into alleged fraudulent behaviour at ratings agency Moody's because it is not sure if it has legal jurisdiction over the company. Moody's was accused of awarding wrongly high ratings to various constant proportion debt obligation notes - the infamous structured …
John Oates, 01 Sep 2010
The Register breaking news

Homeland Sec., RIAA Torrent lists published

When the online tool YouHaveDownloaded.com jumped onto the hit parade last week, most people reacted with a kind of cautious paranoia, wondering how much of their BitTorrent use was easily discoverable. That is, after all, what the site is ostensibly about: using the IP addresses published by BitTorrent users (and the files they …